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Statement I: Consistency as an Accounting Principle means that businesses will continue indefinitely. Statement II: A sole proprietorship is a business organizing form. Statement 1
Statement I:
Consistency as an Accounting Principle means that businesses will continue indefinitely.
Statement II:
A sole proprietorship is a business organizing form.
| Statement 1 is correct; statement 2 is incorrect |
| Statement 1 is incorrect; statement 2 is correct |
| Both statements are correct |
| Both statements are incorrect |
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Where Does Money Grow
Authors: Beth McGuinness
1070202150, 978-1070202150
